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20121201
20121231
SHOW
STATION
KCSM (PBS) 5
KRCB (PBS) 5
LANGUAGE
English 10
Search Results 0 to 9 of about 10 (some duplicates have been removed)
PBS
Dec 13, 2012 7:00pm PST
an additional loan of nearly $45 billion to greece. they say the debt reduction plan is on its way. the loan will be granted as early as next week. at a meeting last month, the euro zone nation ministers agreed in principle on aid for greece after the government carried out austerity and other measures as preconditions for additional loans. at that time they suspended the final decision on loans. they said they needed to determine if greece's bond buy-back program would be effective. at thursday's meeting they endorsed the buy back plan of the depreciated bonds. they will repurchase bonds from the private sector at a third of their face value. the ministers agreed on a para loa of neay $20 billion for greece by the end of next march. loans to greece were suspended for the past six months. >> today's decision on the greek package will remove the clouds that are hanging over greece. >> and the greek prime minister welcomed the decision calling it a big success for greece and a big success for europe. instors are still uncertain about the global economic outlook despite the measures taken to st
PBS
Dec 12, 2012 5:00pm PST
unchanged at 4,583. we'll see where trading takes us throughout the rest of the day. greece is buying back bonds. it exceeds the 30 billion euro target. greece had been seeking investors willing to accept at 30 to 40% of the bond's face value. the program is designed to reduce the debt burden. analysts estimate greece will be able to shave about 20 billion euro's off its debt. this will clear the way for greece to receive a new infusion ofore th bilon eos in aid from the eu and other principal lenders. the organization of petroleum export and countries held a general meeting in vienna yesterday. representatives of the 12 oil exporters agreed to retain the current production target of 30 million barrels a day. they say supply is sufficient and prices are appropriate for the moment. prices in new york of benchmark crude futures have been relatively stable since the summer at just around $85 a barrel. this is against a background of slower economic recovery. opec expects demand for crude to rise as the dploe ball economy picks up. some analysts say opec could consider cutting output. heres a
PBS
Dec 3, 2012 7:00pm PST
the region's financial authorities will monitor greece's bond buying back program. he says the finance ministers will sign off in the next round of loans to greece when they meet again on december 13th. the ministers also talked about spain. they decided to provide up to nearly $40 billion euros. they're decision came after the bailout fund to sure up its constituti institutions. the nikkei average at 9,434. that's a loss of one-fourth of a percent. the dollar is slightly losing ground. dollar yen changing hands at 82.13 to 17. euro stands at 107.19 to 24. analysts say investors are selling the dollar following the release of u.s. manufacturing data. it was the lowest in almost three and a half years. more investors are showing interest in the weakening yen. taking a look at other markets, south korea's kospi is trading lower. let's take a look at australia. it's trading lower by almost a third of a percent. there's hope for floundering bas bas basic electronics firm sharp. the firm is expected to receive part of the that sum as early as this month. sharp is forecasting a record net lo
PBS
Dec 18, 2012 7:00pm PST
is that the standard & poor's has upgraded greece's sovereign credit rating by six notches. the ratings agency cited the country's commitment to debt reduction and monetary injections by international lenders. s&p raised greece's credit rating on tuesday from selective default to b-minus. the new rating is still low and not suited to investment, but s&p officials say the outlook is stable. the greek government bought back sovereign bonds from commercial banks and the private sector earlier this month at prices lower than the face value. s&p officials praised the euro zone members' decision to provide greece with financial support. they say the upgrade reflects s&p's view that greece's neighbors are serious about keeping the country in the eurozone. >>> back here in japan the trade deficit came to about $11.3 billion in november, posting a red for a fifth month in a row. finance ministry officials say the figure is a record high for november. that's the third highest level since comparable records became available back in 1979. exports fell by 4.1% from a year earlier in yen terms. exports have falle
PBS
Dec 6, 2012 7:00pm PST
announced a program to buy bonds. the promise of another bail out funding for greece is keeping the market stable. let's get a check on tokyo markets. on the tokyo foreign exchange the dollar is trading in a narrow bend. that's 82.53 to 55. traders would like to confirm how the u.s. is performing. it's now back above the 107 levels. 107.05 to 10. let's take a look at stocks. japanese share prices are a little change. the nikkei trading above the 9,000 mark. 9,558 so far this morning. looks like everyone is waiting for the u.s. jobs data. let's take a look at the jobs market in the asia pacific. kospi is trading at the central bank's role has become a key focus in japan's general election. the leaders of the ruling party have expressed contrasting views on what the bank of japan can and should do. our business reporter spoke with two economists for their take on the issue. >> translator: debate had heated up ever since banks were urged to take strong action. >> translator: we will boost public spending. that's going to force new money into the market. this will have a positive effect on the
Search Results 0 to 9 of about 10 (some duplicates have been removed)